Needham Reiterates Buy on Okta, Maintains $100 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Alex Henderson has reiterated a 'Buy' rating on Okta (NASDAQ:OKTA) and maintained a price target of $100.

August 31, 2023 | 10:44 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Okta's stock rating has been reiterated as 'Buy' by Needham analyst Alex Henderson, with a maintained price target of $100.
The reiteration of a 'Buy' rating by a reputable analyst like Alex Henderson from Needham is a positive signal for Okta. The maintained price target of $100 also indicates a positive outlook for the stock. This could potentially lead to an increase in investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100